U.S. stock futures drift before economic reports

U.S. stock futures traded around the flat line Thursday ahead of a bevy of economic data and after software giant Oracle reported declining sales. See full story.

Off the runway, designers adapt to new reality

At Norma Kamali’s first runway show in at least five years, what she designs for retail giant Wal-Mart will get equal play as her eponymous high-end fare. See full story.

The new face of luxury at Saks

The luxury retailer is attempting to address the new reality of the pummeled sector and what shoppers in that group may desire. See full story.

U.K. retail sales flat, disappoint expectations

British retail sales volumes were flat in August, the Office for National Statistics reported Thursday, coming in below expectations as shoppers spurned clothing and footwear purchases after a big surge earlier this summer. See full story.

Gold taps 18-month high atop $1,025

Gold futures rally in electronic trading on Globex, with analysts’ bleak outlook for the U.S. dollar helping the precious metal climb past $1,025 an ounce to an 18-month high. See full story.

Americans have been casting a wider geographic net when looking for work in today’s tough job market and even as a recovery materializes it’s possible that more of them will consider moving for a paycheck. See full story.

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